The Black Swan: The Impact of the Highly Improbable
Motivations to Read
I wanted to understand more about the philosophy and economics behind probability. Being self-aware of my future-oriented mindset from a young age, I knew that I needed to a have better fundamental understanding of probability to improve my decision-making skills. But before I jumped into the hard math behind it, I was curious to understand the narrative and the thought process of how very low probability events have had a significant impact on society and what one can go to prepare for the improbable.
3 Reasons to Read
- Learn more about the nature of uncertainty
- Become more aware of the psychological blocks that we are both born with and have created for ourselves that prevent our understanding of the improbable: The Narrative Fallacy and The Problem of Induction (The tricky relationship of cause and effect)
- How to plan for the improbable and The economic impact the improbable can have
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